Titan Logix (TSXV:TLA) Quick Ratio: 17.58 (As of May. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:TLA Titan Logix Corp TSXV:TLA
46 GF Score
Price C$0.52
GF Value C$0.56
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Titan Logix Quick Ratio?

Titan Logix TSXV:TLA 46 Quick Ratio is 17.58 as of May. 2026, which is 9% below its 10-year median of 19.37. GuruFocus rates TSXV:TLA with a GF Score™ of 46/100 and a GF Value™ of C$0.56 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,072 Industrial Products companies, Titan Logix ranks better than 99.02% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Titan Logix's quick ratio for the quarter that ended in May. 2026 was 17.58.

Titan Logix has a quick ratio of 17.58. It generally indicates good short-term financial strength.

The historical rank and industry rank for Titan Logix's Quick Ratio or its related term are showing as below:

TSXV:TLA' s Quick Ratio Range Over the Past 10 Years
Min: 12.74   Med: 19.37   Max: 33.87
Current: 17.58

During the past 13 years, Titan Logix's highest Quick Ratio was 33.87. The lowest was 12.74. And the median was 19.37.

TSXV:TLA's Quick Ratio is ranked better than
99.02% of 3072 companies
in the Industrial Products industry
Industry Median: 1.39 vs TSXV:TLA: 17.58

Titan Logix  (TSXV:TLA) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Titan Logix Quick Ratio Related Terms


Titan Logix Quick Ratio Historical Data

* Premium members only.

The historical data trend for Titan Logix's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Titan Logix Quick Ratio Chart

Titan Logix Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.71 22.28 17.63 14.49 12.74

Titan Logix Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.94 12.74 15.64 15.80 17.58

TSXV:TLA vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Titan Logix's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Titan Logix Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Titan Logix's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Titan Logix's Quick Ratio falls into.


TSXV:TLA
46GF Score
Titan Logix Corp TSXV:TLA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Titan Logix Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Titan Logix's Quick Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Quick Ratio (A: Aug. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(15.421-2.351)/1.026
=12.74

Titan Logix's Quick Ratio for the quarter that ended in May. 2026 is calculated as

Quick Ratio (Q: May. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(13.83-2.154)/0.664
=17.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 17.58 mean?
Titan Logix (TSXV:TLA) has a Quick Ratio of 17.58 as of May. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Titan Logix and its competitors. This is near median its historical median of 19.37. Over the past decade, Titan Logix's Quick Ratio has ranged from 12.74 to 33.87. According to the industry distribution chart, Titan Logix ranks #30 out of 3072 companies in the Industrial Products industry, placing it in the top 1%.
Is Titan Logix's Quick Ratio too high?
Titan Logix's current Quick Ratio of 17.58 is near median its 10-year median of 19.37. Over the past 10 years, this metric has ranged from a low of 12.74 to a high of 33.87. The Industrial Products industry median Quick Ratio is 1.39. Titan Logix's value of 17.58 is 1164.7% above this industry median. Based on the distribution chart, Titan Logix ranks #30 out of 3072 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Titan Logix has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Titan Logix's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Titan Logix ranks #30 out of 3072 companies for Quick Ratio. This places Titan Logix in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Titan Logix's value of 17.58 is 1164.7% above this benchmark. Historically, Titan Logix's own Quick Ratio has ranged from 12.74 to 33.87 over the past decade. While the company's 10-year median is 19.37 vs. the industry median of 1.39, Titan Logix has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,072 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Titan Logix's current Quick Ratio of 17.58 is 1164.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Titan Logix and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan Logix's current Quick Ratio is 17.58, which is near median its own 10-year median of 19.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Logix stock overvalued right now?
Based on GuruFocus' analysis, Titan Logix (TSXV:TLA) is currently considered Fairly Valued. The stock's GF Value™ is C$0.56, compared to a current price of C$0.52 — trading 7.1% below its estimated fair value. The current Quick Ratio is 17.58, which is near median its 10-year median of 19.37 and 1164.7% above the Industrial Products industry median of 1.39. Titan Logix's overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Titan Logix (TSXV:TLA), the current Quick Ratio is 17.58 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Titan Logix (TSXV:TLA) Overvalued in 2026?

Based on GuruFocus' analysis, Titan Logix stock appears to be undervalued. The current stock price of C$0.52 is trading 7.1% below its estimated GF Value™ of C$0.56. GuruFocus considers Titan Logix to be Fairly Valued.

Key valuation signals for TSXV:TLA:

  • Quick Ratio: 17.58 (near median its 10-year median of 19.37)
  • GF Value™: C$0.56 vs. price of C$0.52 (7.1% below fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 1164.7% above the Industrial Products median (#30 of 3072)

No single metric tells the full story. See the TSXV:TLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Titan Logix Business Description

Address 4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5
Titan Logix Corp designs and manufactures mobile liquid measurement solutions that help businesses reduce risk and maximize efficiencies in bulk liquid transportation. The company's TD Series tank-level monitors are known for their high accuracy, rugged design, and solid-state reliability. The solutions are designed for both hazardous and non-hazardous applications and serve customers across a wide range of industries, including petroleum, environmental solutions, chemical, and agriculture. The company predominantly operates in two geographic regions, Canada and the United States, and derives the majority of its revenue from its business in the United States.
46GF Score

Get the complete analysis for TSXV:TLA

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.52
Price
C$0.56
GF Value